Navigation Links
Profusa, Inc. Announces $13.2 Million Series B to Support Development of Internal Biosensors for Continuous Monitoring of Body Chemistry
Date:12/16/2015

SOUTH SAN FRANCISCO, Calif., Dec. 16, 2015 /PRNewswire/ -- Profusa, Inc., based here, today announced it secured $13.2 million in Series B financing to support the development and com­mercialization of its internal biosensor technology for long-term, continuous monitoring of body chemistry for improving personal health and managing disease. 3E Bioventures, a Beijing-based venture capital firm, led the round with Asset Management Ventures, Qihoo 360, and other Series A investors participating in the funding. All told, including non-dilutive grants, the new financing brings to the privately held company more than $30 million in funding since its founding in 2009. Other financial details were not disclosed.

Profusa also said it appointed to its board of directors Joan Braddi, Vice President of Global Product Partnerships at Google, Inc., a subsidiary of Alphabet Inc. Karen Liu, Ph.D., Managing Partner of 3E Bioventures, also joined Profusa's board in conjunction with her firm's investment in the Series B round.

"This round, coupled with prominent board appointments from the biotechnology and IT sectors, provide Profusa with the additional funding and market experience to help ensure our success," said Ben Hwang, Ph.D., Profusa's chairman and CEO.

As Google's 15th employee for as many years, Braddi is responsible for building and man­aging content and distribution partnerships that get Google's products into the hands of users around the world. Dr. Liu heads 3E Bioventures' investing in the U.S. and China, and is active in creating cross-border opportunities in healthcare.

Profusa, Inc. is leading the development of a new generation of biologically integrated sensors that empowers an individual with the ability to continuously monitor their unique body chemistry in unprecedented ways to transform the management of personal health and disease. Overcoming the body's response to foreign material, the company's technology enables the development of minute bioengineered sensors that become one with the body to detect and transmit clinical-grade data for personal and medical use. The company's first product, the Lumee Oxygen Sensing System™, is slated to be available in Europe in early 2016 for the measurement of tissue-oxygen perfusion in the clinical management of chronic wounds.

Logo - http://photos.prnewswire.com/prnh/20151215/296354LOGO

 


'/>"/>
SOURCE Profusa, Inc.
Copyright©2015 PR Newswire.
All rights reserved


Related biology technology :

1. DistinctBright, Probiotic Cleaner, Announces their Probiotic Cleaner is Safe for Pets
2. Annual Conference about Technology Solutions for People with Disabilities Announces Program
3. Probiotic Action Announces Probiotics Lead the Digestive Health Market
4. Verenium Announces Preliminary Financial Results For Fiscal 2012
5. Senomyx Announces Fourth Quarter And Full Year 2012 Financial Results And Initiation Of New Direct Sales Strategy
6. Neuralstem Announces 2012 Financial Results, Provides Clinical Trials Update
7. EAG Announces New General Manager of Release-To-Production (RTP) Division
8. DuPont Tate & Lyle Bio Products Announces Novel Application for Zemea® Propanediol
9. Probiotic Action Announces China’s $5 Billion Dollar Investment in Probiotics
10. EAS Consulting Group, Experts in Quality Regulatory Services Related to FDA Issues, Announces Upcoming Dietary Supplement Seminars in Salt Lake City
11. 3D Biomatrix Announces Stipend to Present at Spring 2013 Conferences
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/18/2017)... ... May 17, 2017 , ... HOLLOWAY AMERICA, a leading ... and dairy, munitions, and pharmaceutical/biotech, recently introduced The Revolution Lift™, a new precision-controlled ... improvement in technology comes on the heels of HOLLOWAY’s release of the intelliVessel™, ...
(Date:5/16/2017)... ... May 16, 2017 , ... ... its new ProxiMeta™ Hi-C metagenomic deconvolution service. ProxiMeta enables researchers to obtain ... DNA extraction—speeding research insights at lower cost. , “We’re very excited about ...
(Date:5/16/2017)... ... ... On Tuesday, May 23 at 10:30 AM, James Sherley, Director of Asymmetrex ... that his company has recently achieved in collaboration with its partner, AlphaSTAR Corporation ... first partnering conference, Cell & Gene Exchange 2017 . In addition to ...
(Date:5/15/2017)... 15, 2017  IBM (NYSE: IBM ) scientists ... double-stranded DNA molecules with the potential to efficiently ... This technology complements the IBM Research,s "lab-on-a-chip" ... exosomes and which may also contain biomarkers for ... array of diamond shaped micropillars 1 to ...
Breaking Biology Technology:
(Date:5/6/2017)... , May 5, 2017 RAM ... announced a new breakthrough in biometric authentication based ... quantum mechanical properties to perform biometric authentication. These new ... semiconductor material created by Ram Group and its ... entertainment, transportation, supply chains and security. Ram Group ...
(Date:4/17/2017)... , April 17, 2017 NXT-ID, Inc. (NASDAQ: ... announces the filing of its 2016 Annual Report on Form 10-K ... Commission. ... 10-K is available in the Investor Relations section of the Company,s ... the SEC,s website at http://www.sec.gov . 2016 Year ...
(Date:4/11/2017)... Research and Markets has announced the addition of the "Global ... ... at a CAGR of 30.37% during the period 2017-2021. ... based on an in-depth market analysis with inputs from industry experts. ... the coming years. The report also includes a discussion of the ...
Breaking Biology News(10 mins):